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More →GRVT Burns 1.1 Million Tokens as Countdown to Grvt 2.0 Begins
<strong>[PRESS RELEASE – Singapore, Singapore, October 20th, 2026]</strong> <strong>The discretionary buyback represents close to 1% of circulating supply and precedes four planned product milestones culminating in Grvt 2.0.</strong> <a href="https://grvt.io/" rel="nofollow noopener" target="_blank">>Grvt</a>, a self-custodial trading platform built on its own zero-knowledge (ZK) chain, announced that the Foundation’s token issuer has completed its first GRVT token buyback, purchasing and burning 1.1 million GRVT tokens on the open market. The transaction permanently removed close to 1% of GRVT’s circulating supply at the time of purchase. It marks the first of five milestones ahead of the planned launch of Grvt 2.0 at the end of November 2026. <strong>A Discretionary Buyback with On-Chain Verification</strong> The Foundation’s token issuer intends to conduct further buybacks on a monthly basis. Each transaction remains entirely at the issuer’s discretion, with no predetermined purchase amount or guaranteed schedule. Buybacks are executed through an independent execution partner, with purchased tokens transferred to a designated burn address and permanently removed from circulation. The transactions can be independently verified through the <a href="https://grvt.io/exchange/buybacks" rel="nofollow noopener" target="_blank">>public buyback dashboard</a>, which records the number of tokens purchased and burned, the percentage of circulating supply represented, cumulative burns and on-chain transaction hashes. “The GRVT token is an important part of the ecosystem we are building,” said <strong>Hong, co-founder and CEO of Grvt</strong>. “We welcome the issuer’s buybacks as a demonstration of its long-term commitment to the ecosystem and community. Grvt is expanding its products and markets, and the issuer’s buybacks sit alongside that as a supportive mechanism aimed at reducing circulating token supply.” <strong>Grvt Outlines Four Product Milestones</strong> The announcement follows GRVT’s token generation event in July 2026 and precedes a series of planned launches. <strong>Grvt Earn, scheduled for the End of October,</strong> will introduce yield opportunities backed by tokenized assets, with target yields of up to 11%. Potential returns are expected to derive from underlying asset cash flows, including interest, premiums and invoice-related income. Asset-supplying partners will be announced at launch. Target yields are not guaranteed. <strong>Stable Funding Perps, scheduled for November,</strong> will introduce perpetual futures linked to commodities, stocks, foreign exchange and indices. The contracts are planned to carry zero trading fees and use once-daily funding. Grvt aims to list more than 1,000 markets by the end of December 2026. <strong>Yield as Margin, also scheduled for November,</strong> will allow eligible Grvt Earn balances to support trading positions while continuing to accrue yield, subject to applicable product terms
Anthropic Gives 5% of Itself to the Public. Musk Answers by Giving Away SpaceX Shares
Anthropic, the company behind the Claude chatbot, <a href="https://www.anthropic.com/news/public-benefit-fund" target="_blank" rel="nofollow external noopener" class="sc-adb616fe-0 dJryYS">>said</a> Sunday it will commit 5% of its shares to a new Public Benefit Fund. On Monday, Elon Musk answered by promising one SpaceX share to every child in the United States next year. “The Anthropic Public Benefit Fund will have increased flexibility and scale, enabling us to pursue our mission in new ways: for example, we might explore large donations to traditional nonprofits or direct distributions to specific populations,” Anthropic said. The company has already committed $200 million to studying that. Americans are uneasy about how fast AI is moving: an AP-NORC poll in late September found that 64% of U.S. adults say the technology is developing too fast, and 8% say too slow. Anthropic is preparing an IPO, meaning it would sell its shares to the public on the stock market, as soon as November at a reported valuation of around $2 trillion. At that price, 5% of the company would be worth about $100 billion on paper, though that is the value of the shares, not cash sitting in an account. The fund is set up as a wholly owned LLC rather than a nonprofit, which Anthropic says gives it room to switch between types of giving. The board can add another 2% of shares each time the company's value rises 50% above a baseline that has not been disclosed, and none of the fund's equity can be used for lobbying or political donations. The co-founders' pledge to donate 80% of their equity and a matching program for employee donations, and Anthropic says roughly 20% of its shares will be dedicated to the public good. The company has not said how the fund will be taxed or what it will disclose publicly, as a traditional charity must. Musk, never one to leave the spotlight to someone else, <a href="https://x.com/elonmusk/status/2112093799694372952?s=20" target="_blank" rel="nofollow external noopener" class="sc-adb616fe-0 dJryYS">>pushed</a> for Universal High Income (as opposed to Universal Basic Income) writing on X that he will give one of his SpaceX shares to every kid in America. "This will be the first of many," he added. His first reply to Anthropic, recommending "giving the shares directly to the public" instead of routing them through a fund, came Sunday night, and the pledge for kids followed early Monday, less than a day after Anthropic's announcement. Next year, I will give one of my SpaceX shares to every kid in America. This will be the first of many. — Elon Musk (@elonmusk) <a href="https://x.com/elonmusk/status/2112089556615123114?ref_src=twsrc%5Etfw" data-wpel-link="external" rel="nofollow external noopener" target="_blank">October 19, 2026</a> With roughly 72 million children in the country, the pledge comes to about $10.5 billion at SpaceX's price of roughly $147 a share. That is just over 1% of the 6.42 billion shares Musk held as of June 30, p
SpaceX's third-quarter revenue exceeded expectations.
CoinWorld news, SpaceX's financial report shows that driven by growth in artificial intelligence and Starlink businesses, its third-quarter revenue was $14.58 billion, exceeding analysts' expectations of $12.72 billion, with net profit reaching $4.4 billion, compared with analysts' prior expectation of $1.57 billion. AI revenue grew more than ninefold to $7.6 billion, mainly from leasing computing power. Starlink users reached 13.6 million, higher than analysts' expectations of 12.19 million, but average revenue per user per month has fallen from $99 in 2023 to $69 in the third quarter.
A U.S. appeals court blocked Arkansas's law restricting foreign ownership of Bitcoin mining.
A U.S. appeals court has blocked an Arkansas law restricting foreign ownership of Bitcoin mining operations, and the law is currently under judicial review.
US media: Musk ordered restrictions on Starlink service for Ukrainian military
According to a Wall Street Journal report, U.S. officials and people familiar with the matter said that last week, Musk ordered speed limits on the military-grade Starlink service that Ukraine relies on, causing some attack drones and interceptor drones to be almost unable to function. Two people familiar with the matter said that shortly after the Starlink speed-limiting measures were exposed, Musk and Trump spoke by phone about the matter. Ukrainian President Zelensky publicly expressed dissatisfaction, and his remarks triggered widespread questions about who exactly ordered the speed-limiting measures, prompting an informal inquiry within the White House. People familiar with the matter said that while the controversy continued to escalate, SpaceX representatives called relevant White House personnel in hopes that both sides would align their understanding of the matter and subsequently convey a consistent message to the public.
Bitwise与Hyperliquid要求SEC明确加密规则
Bitwise Asset Management and the Hyperliquid Policy Center submitted comment letters to the U.S. Securities and Exchange Commission (SEC), calling for clear rules on token classification, airdrops, and secondary market trading. Bitwise asked for clear standards for investment managers to determine whether a token is subject to securities law. The Hyperliquid Policy Center called for expanding the safe harbor scope and clarifying rules on airdrops and token buybacks, as well as the compliance of unregistered intermediaries facilitating transactions and on-chain protocol transactions. John Reed Stark and Lee Reiners called for withdrawing the proposal, arguing that it exceeds the SEC's statutory authority and weakens investor protection.
NIP Group signs agreement to acquire Bitcoin mining equipment
According to CoinWorld news, NIP Group, the publicly listed parent company of esports club Ninjas in Pyjamas, has signed an agreement to issue up to 247.1 million Class A ordinary shares to acquire approximately 4.47 EH/s of Bitcoin mining equipment, with the transaction valued at up to approximately $27.3 million. Upon completion, the company's total hashrate is expected to increase to approximately 13.85 EH/s, and its monthly production target after full deployment is expected to rise from 160 BTC to approximately 195 BTC, with actual output depending on mining difficulty, total network hashrate, and operational conditions. The relevant equipment is already operating in hosting facilities, and the transaction remains subject to customary closing conditions.
US official: US presidential envoy will meet with Putin on the 21st.
According to CCTV News, U.S. Presidential Special Envoy Witkoff will meet with Russian President Putin on the 21st, and Trump's son-in-law Kushner will participate via video. The U.S. side stated that previous discussions with Ukraine and Europe covered content related to a comprehensive peace framework, including security guarantees. Ukraine put forward new ideas and proposals, and all parties discussed them in detail. At present, the United States, Ukraine, and Europe have reached a high degree of consensus at the working level on the next steps. The U.S. goal is to further discuss the relevant proposals with Russia based on the progress made with Ukraine and Europe.
SpaceX stock rises on earnings and revenue beat, AI business surges
CoinWorld news, MarketWatch reports, SpaceX stock rises as earnings and revenue beat expectations, while its AI business also surges.
Anthropic IPO filing: first-half revenue of $16.3 billion, future compute commitments could reach $750 billion
According to IPO documents obtained by The Wall Street Journal, Anthropic reported revenue of $16.3 billion in the first half of the year, up from $1.1 billion in the same period last year, while its net loss reached $80.7 billion, compared with $13 billion a year earlier. About $72 billion of the loss stemmed from accounting charges arising from changes in the fair value of financing instruments such as convertible notes. Anthropic's compute and infrastructure spending totaled nearly $9 billion in the first half, compared with $7.3 billion for all of 2025. Anthropic has committed roughly $450 billion to cloud computing agreements over the next 7 to 10 years. In addition, the company has pledged more than $160 billion to lease Google chips. Anthropic's future infrastructure spending commitments have exceeded $600 billion, and could rise by as much as another $150 billion if agreements still under negotiation are included. About 20% of its first-half revenue came from two customers, and the company expects its future revenue to remain heavily dependent on a small number of customers. On the risk side, Anthropic warned that AI models could cause real-world harm, with losses from catastrophic incidents potentially too large to be covered by insurance, and that data center construction is also facing increasingly organized political resistance.